Flora Growth Corp. (FLGC)
NASDAQ: FLGC · Real-Time Price · USD
1.050
-0.010 (-0.94%)
Dec 24, 2024, 1:00 PM EST - Market closed
Flora Growth Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Flora Growth stock have an average target of 5.67, with a low estimate of 4.00 and a high estimate of 7.00. The average target predicts an increase of 440.00% from the current stock price of 1.05.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Flora Growth stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Aegis Capital | Aegis Capital | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +280.95% | Nov 25, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 15, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $7 → $6 | Strong Buy | Reiterates | $7 → $6 | +471.43% | May 16, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $1 → $7 | Strong Buy | Maintains | $1 → $7 | +566.67% | Apr 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $40 → $20 | Strong Buy | Maintains | $40 → $20 | +1,804.76% | May 18, 2023 |
Financial Forecast
Revenue This Year
65.08M
from 76.07M
Decreased by -14.45%
Revenue Next Year
70.90M
from 65.08M
Increased by 8.94%
EPS This Year
-0.80
from -7.75
EPS Next Year
0.07
from -0.80
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 71.3M | 82.1M |
| Avg | 65.1M | 70.9M |
| Low | 58.5M | 59.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -6.3% | 26.1% |
| Avg | -14.5% | 8.9% |
| Low | -23.1% | -8.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.82 | 0.07 |
| Avg | -0.80 | 0.07 |
| Low | -0.76 | 0.07 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.